iShares 7-10 Year Treasury Bond ETF $IEF Shares Acquired by Mirae Asset Global Investments Co. Ltd.

Mirae Asset Global Investments Co. Ltd. lifted its stake in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 18.2% in the second quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 248,730 shares of the exchange traded fund’s stock after buying an additional 38,288 shares during the quarter. Mirae Asset Global Investments Co. Ltd. owned approximately 0.07% of iShares 7-10 Year Treasury Bond ETF worth $23,821,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Asset Management Group Inc. grew its position in shares of iShares 7-10 Year Treasury Bond ETF by 0.5% during the first quarter. Asset Management Group Inc. now owns 23,851 shares of the exchange traded fund’s stock worth $2,275,000 after buying an additional 123 shares in the last quarter. Global Trust Asset Management LLC grew its position in shares of iShares 7-10 Year Treasury Bond ETF by 10.7% during the second quarter. Global Trust Asset Management LLC now owns 1,296 shares of the exchange traded fund’s stock worth $124,000 after buying an additional 125 shares in the last quarter. Trivant Custom Portfolio Group LLC grew its position in shares of iShares 7-10 Year Treasury Bond ETF by 72.2% during the first quarter. Trivant Custom Portfolio Group LLC now owns 303 shares of the exchange traded fund’s stock worth $29,000 after buying an additional 127 shares in the last quarter. Kiley Juergens Wealth Management LLC boosted its holdings in iShares 7-10 Year Treasury Bond ETF by 1.0% in the first quarter. Kiley Juergens Wealth Management LLC now owns 13,294 shares of the exchange traded fund’s stock valued at $1,268,000 after purchasing an additional 134 shares in the last quarter. Finally, Ibex Wealth Advisors boosted its holdings in iShares 7-10 Year Treasury Bond ETF by 0.8% in the first quarter. Ibex Wealth Advisors now owns 18,521 shares of the exchange traded fund’s stock valued at $1,766,000 after purchasing an additional 143 shares in the last quarter. 81.48% of the stock is owned by institutional investors and hedge funds.

iShares 7-10 Year Treasury Bond ETF Stock Down 0.2%

Shares of IEF opened at $96.40 on Friday. The stock has a 50 day moving average price of $96.05 and a 200 day moving average price of $95.09. The company has a market capitalization of $38.50 billion, a price-to-earnings ratio of -22.00 and a beta of 0.05. iShares 7-10 Year Treasury Bond ETF has a 52-week low of $91.08 and a 52-week high of $97.51.

iShares 7-10 Year Treasury Bond ETF Cuts Dividend

The firm also recently declared a monthly dividend, which will be paid on Monday, October 6th. Investors of record on Wednesday, October 1st will be issued a $0.2945 dividend. This represents a c) dividend on an annualized basis and a yield of 3.7%. The ex-dividend date of this dividend is Wednesday, October 1st.

iShares 7-10 Year Treasury Bond ETF Company Profile

iShares 7-10 Year Treasury Bond ETF (the Fund) is an is an exchange-traded fund. The Fund seeks to track the investment results of an index composed of the United States Treasury bonds with remaining maturities between seven and ten years. The Fund seeks to track the investment results of the Barclays U.S.